This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.

KP_RSS_test

| less than a minute read

6th post 12:38 Late payment remains a stubborn and damaging feature of UK commercial life.

As lawyers, we often focus on legal obligations: what the law requires, what the contract says, what parties have agreed to. But fairness is not always a matter of legal duty. One might argue that if a supplier agrees to 120-day terms, then that is simply the deal – no harm, no foul. But let’s be honest: in practice, that agreement is rarely between equals. Larger businesses often use their financial muscle to press smaller suppliers into accepting terms they would never freely choose. That is not fairness; it is leverage.